Skip to main content

Posts

Showing posts from November, 2023

Series A funding in the soaping community

​ Amazingwhatnots.shop Getting to Series A funding with a homemade soap business involves a strategic set of steps. Not all businesses will follow these steps in the same order, and many may require iterations and flexibility depending on specific circumstances. Below is a common general roadmap: 1. Ideation and Market Research: Before anything else, have a clear business idea. Understand the market for homemade soap: the size, competition, trends, and customer behaviors. This will help you identify your unique value proposition, i.e., what makes your soap different/better. 2. Business Planning: Create a detailed business plan. Include information about the product, marketing strategy, financial projections, and future plans. This plan will be vital not only for you but for potential investors as well. 3. Prototype and MVP: Create a Minimum Viable Product (MVP) version of your soap. Use it to gather customer feedback and validate market demand. 4. Establish the Business: Register the b